War II. In 1940, a group of top U.S. science administrators organized a major coordinated research effort to support the … Allied war effort, including significant investments in medical research which yielded innovations like mass … appropriate R&D policy in a crisis requires going beyond the standard Nelson-Arrow framework for research policy …

price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …

explanation for Sweden's weak performance with respect to market work activity highlights the role of high tax rates on labor …